How was the permitting process with the city?

The renovation process included modernizing outdated features, updating plumbing and electrical systems, and enhancing curb appeal.

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

I’m here to guide you through the process and help with whatever you need.

Also, banks typically use a valuation process that does not favor the BRRRR strategy. 

If your doing an FHA and plan to stay in one side you have to figure out what that would benefit you.

@Steve L There’s certain expenses that are just part of the process.

-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband. 

How do you plan on finding your deals?

I have high equity in my current duplex so planning on using that to fund down payment for the next property.